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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Suma who wrote (60449)7/25/2002 12:44:44 PM
From: kvkkc1  Respond to of 77400
 
More people selling than buying. bought a private company and target reduction by CSFB, as if they know anything more than you or I.

edit: Probably more people selling mutual funds trying to catch yesterday's gains.



To: Suma who wrote (60449)7/25/2002 1:03:07 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
I looked at last quarter to see what the price action was and it was interesting. The price slipped slowly downwards all the way until the day of the earnings release. Then the very next day, Cisco rocketed upwards by 25% or so. So if that action holds and Cisco makes their numbers and gives decent guidance with a positive book to bill, Cisco will slip to as low as $11.25 or so, before it rockets up to as much as $15. Originally, I was hoping we'd get to $17 on the pop after earnings, but now I'm more skeptical.



To: Suma who wrote (60449)7/26/2002 4:17:59 AM
From: Simba  Read Replies (1) | Respond to of 77400
 
This POS stock belongs in the gutter for the profits that they made were all illusory and with stock option expenses soon to be enforced John "100-year flood" Chambers will be crying into his beer as he can no longer fake non-existent earnings. This stock will be in the single digits soon where it belongs. Then John Chambers can eat his e-crap while massaging his e-ego. What a phony !